514 2Nd StPatterson, CA 95363

This exceptional investment opportunity presents a nearly half-acre (0.476 acres, or 20,751 square feet) vacant commercial lot in Patterson, California, located within a designated Opportunity Zone. The property, situated at 514 N 2nd St, enjoys high visibility due to its frontage along Highway 33, experiencing daily traffic counts of 6,900 vehicles (per CalTrans data). A previous 1,304 square foot building on the site was destroyed by fire, leaving a clean slate for new construction. The property is zoned for General Commercial use, offering versatile development potential for various commercial ventures, including professional offices, retail spaces, or restaurants. The location is convenient, close to downtown Patterson and nearby medical facilities. This presents a unique chance to capitalize on the tax incentives associated with Opportunity Zone investments while establishing a business in a thriving area. The property's APN is 131-011-027-000. The lot is currently vacant with an occupancy date of January 31, 2024. The asking price is $675,000. This is a single-story lot built in 1995.